Chicago | Reuters — U.S. soybean futures closed higher on Thursday, snapping a three-session slide, while corn and wheat rebounded from contract lows as fund-driven selling paused and forecasts signaled more U.S. planting delays, traders said. Chicago Board of Trade (CBOT) July soybeans settled up four cents at $8.72-3/4 per bushel (all figures US$). CBOT […] Read more
U.S. grains: Soy higher after three-day skid
U.S. grains: Corn, soy drop to multimonth lows
Chicago | Reuters — U.S. corn futures fell to their lowest level in seven months on Wednesday and spot soybean futures hit a 5-1/2-month low on ample global supplies and dimming prospects for U.S. export business, analysts said. Wheat also declined, with Chicago Board of Trade futures hitting a one-month low while K.C. and Minneapolis […] Read more
U.S. grains: Wheat down on strong production prospects; corn, soy also weak
New York | Reuters – Chicago wheat futures fell more than 1 percent to a one-month low on Monday, pressured by generally favorable U.S. crop conditions and expectations of abundant global supplies, traders said. Corn fell in sympathy with wheat and on outlooks for improved planting weather in parts of the Midwest, and soybeans also […] Read more
U.S. grains: Soybeans turn higher after dropping to five-month low
Chicago | Reuters — U.S. soybean futures turned higher on Thursday after dropping to a five-month low on concerns about weak export demand and large harvests in South America. Corn futures ended near unchanged, while wheat futures touched a one-month low on a broadly favourable harvest outlook in the Northern Hemisphere. Positioning ahead of a […] Read more
CBOT weekly outlook: Bear market aches for bull news
MarketsFarm –– The Chicago Board of Trade (CBOT) is currently a bear-market, according to broker Scott Capinegro of Barrington Commodity Brokers. “It’s like the markets are saying ‘Show me something, we’ll take anything,’ but the bears are winning,” he said, noting there has been almost no news to drive the market in a bullish manner. […] Read more
U.S. grains: Wheat futures edge higher in turnaround from losses
Chicago | Reuters — U.S. wheat futures rose on Wednesday in a rebound from falls to one-month lows a day earlier on the Chicago Board of Trade and contract lows in Kansas City and Minneapolis markets. Soybean futures set a five-month low, while corn futures also eased. Tuesday’s wheat price drop attracted bargain buying and […] Read more
U.S. grains: Wheat futures tumble on increasing global supply estimates
Chicago | Reuters — U.S. grain and soybean futures slumped on Tuesday with strong crop ratings and increased forecasts for global harvests pushing Chicago Board of Trade wheat to a one-month low. Wheat prices came under pressure after the U.S. Department of Agriculture, in a weekly report issued late on Monday, rated 60 per cent […] Read more
U.S. grains: Soybeans, corn slide as export sales data disappoints
Chicago | Reuters — U.S. soybean and corn futures fell on Thursday on disappointing weekly export sales data and expectations of large South American harvests that should dampen U.S. export prospects, analysts said. Wheat futures were higher on short-covering after a five-session slide and worries that wintry weather in the Dakotas will curb plantings of […] Read more
U.S. grains: Wheat pressured by ample global stockpiles
Chicago | Reuters — U.S. wheat futures fell to a one-week low on Tuesday, pressured by improving U.S. yield prospects and rising global stockpiles, analysts said, while nearby U.S. corn and soybean futures finished unchanged. Chicago Board of Trade May wheat settled down 5-3/4 cents at $4.59-1/2 per bushel after dipping to a one-week low […] Read more
U.S. grains: Corn ends lower ahead of USDA monthly data
Chicago | Reuters — U.S. corn futures declined on Monday as traders adjusted positions a day ahead of a monthly supply-and-demand report from the U.S. Department of Agriculture in which the government is expected to raise its forecast of U.S. corn ending stocks. Wheat also fell, while soybeans ended nearly unchanged after a choppy session. […] Read more
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